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Because an index fund is a mirror image of a specific index, the dollar value of a share in an index fund increases when the index increases. (Points : 2) True False
Because an index fund is a mirror image of a specific index, the dollar value of a share in an index fund increases when the index increases. TRUE.
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Asked 9/29/2012 12:57:05 PM
Updated 2/13/2017 12:48:52 AM
1 Answer/Comment
Flagged by emdjay23 [2/13/2017 12:39:30 AM], Unflagged by jeifunk [2/13/2017 12:48:50 AM], Edited by jeifunk [2/13/2017 12:48:52 AM]
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Because an index fund is a mirror image of a specific index, the dollar value of a share in an index fund increases when the index increases. TRUE.
Added 2/13/2017 12:39:28 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/13/2017 12:48:53 AM]
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